Family, who understands? Losing money in the crypto world over and over, always feeling like the market is watching to cut you? Don't blame yourself for being dumb; it's not an IQ issue, it's your human weaknesses that are crazily giving away money!💸
The crypto world has never been a battlefield of 'who is smarter', but rather a hell of 'who can overcome human weaknesses'! The following 10 points, if you hit even one, you get cut once; see how many you hit?👇
1. With a mind full of 'getting rich overnight', essentially it's gambling, not investing.
The market's favorite leeks are those who dream every day of 'catching tenfold coins, hundredfold coins, and turning things around in a day'! You think you are here to invest and make money, but actually, you treat your account as casino chips 🎰 The greedier and quicker you want to get rich, the easier you are to be precisely harvested by contracts, meme coins, and pump-and-dump scams!
2. Staring at K-lines for divine guidance, yet unable to see the "cycle" that is the trump card
Constantly staring at minute charts and daily charts, blindly guessing ups and downs, yet not understanding the most core cycle logic: Is it the bull market's final selling period? The bear market's accumulation period? Or the monkey market's volatility period? Is macro liquidity loosening or tightening? What narrative is the market trading? You have no direction at all, just being led by the market, chasing the rise, panicking on the drop—if you don't cut losses, who will you cut?
3. Always half a beat slow, perfectly caught in the "buy high, sell low" death loop
While others build positions at low levels, you're afraid to enter due to potential drops; waiting until it rises 20%, 50%, and only jumping in when you see "the heat is on"🔥, resulting in buying precisely at the top; panicking at the slightest drop, cutting losses at the bottom—throughout this process, all the money others earn is from your lost principal!
4. Without a trading system, relying entirely on "emotional blind operations"
Don't deceive yourself into thinking you're "trading"! What you're doing is fundamentally:
• Afraid of a pullback at the slightest rise, panicking and selling in a hurry
• Fantasizing about a rebound at the slightest drop, stubbornly holding on without cutting losses
• Bored with sideways trading, so going to play contracts, betting on a definite win or loss
• Adding to positions when contracts are losing to "bet on direction," increasing the loss...
Going along with emotions the whole time, like bargaining at a vegetable market based on feelings—it's no surprise if you lose!🤯
5. Taking others' opinions as your own trading judgment
Rushing in after seeing KOL hype the coin, buying when group friends say "it will rise," following trends based on news from Twitter... but never checking what the coin you bought is, what the logic is, or where the support level is📱 In the end, your account becomes "a graveyard for others' opinions"—just a casual remark from someone, and you spend real money on it!
6. Know nothing, yet dare to go all in
Buying a coin without even understanding the basics:
• What is the project's business model? Is the token economy viable?
• Is the team genuinely doing work or just an air team? Is liquidity stable?
• Which stage of the narrative cycle are we in now (emergence/explosion/recession)?
Daring to throw in 50%, 80% of your position, even going all in! Why wouldn’t the market harvest you? Isn't this an easy question?❓
7. Unable to earn twice, but can lose everything (the curse of stubbornness)
Lost 50%: "It's fine, it will rebound, I'm not cutting losses"
Lost 70%: "I've already lost so much, just lying flat and waiting"
Lose 90%: "Just hold on, wait for the next bull market"
The most deadly aspect of human nature is "refusing to admit mistakes"; always believing that the market will move according to one's own ideas, resulting in unrealized losses turning into realized losses, and finally the principal goes to zero!💔
8. Having a short-term mindset while holding long-term positions (self-deceiving "value investment")
Claiming "long-term holding, value investment," yet panicking and losing sleep at a 5% drop, rushing to sell at a 10% rise; afraid to cut losses after a significant drop, calling it "long-term"—this is not value investment at all, it's an "excuse for not cutting losses"! The core of long-term investment is "faith in logic," not "stubbornly holding on"!
9. Thinking that "light positions" mean risk management, too naive!
What you think is risk management: "Buy less, have lighter positions"
Real risk management is a complete system:
• Forced stop-loss line (must cut losses at the point, without hesitation)
• Layered positions (base position + flexible position + arbitrage position)
• Choose highly liquid coins (to avoid being unable to sell during a crash)
• Control the correlation of coins (don't put all your eggs in one basket)
• Calculate the risk-reward ratio accurately (at least 1:2 is worth entering)
You haven't done a single one of these; it's no different from running in naked!⚠️
10. Always wanting to "turn the tables" after losses, transforming from a leek to a slaughterhouse VIP
Once liquidated and suffering huge losses, the first reaction isn't to stop and reflect on "where it went wrong," but to think angrily:
"Just one more order and I’ll break even!" "This time I'm definitely right!" "I'll earn it all back in one go!"
As a result, I fell deeper and deeper, from an ordinary loser to a "VIP customer" in the exchange's slaughterhouse, with nothing left!
🎯 Lastly, let me say a heart-wrenching but true statement:
In the crypto world, it's not "the money from the market" that you earn, but "the money from others' mistakes"! Once you quit the greed of "getting rich overnight, stubbornly refusing to admit mistakes, and blindly following the trend," and stop making these mistakes, you will transform from the "harvested leeks" into a "hunter who harvests others' mistakes"!
How many did you hit? Be honest in the comments, and see who the "seasoned leeks" are? Change and you can win!💪
